+966112277377

ask@icbs.sa

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Business Setup in Saudi Arabia

The Saudi Arabian market is open and welcoming foreign investments, offering unique opportunities across high-growth sectors with 100% foreign ownership to investors and entrepreneurs.
Looking to setup a company in KSA? Let our team of business setup specialists in KSA guide you through a simplified process of entering the KSA market, the economic powerhouse in the Gulf Region.
Book a free and personalized consultation now.

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About Us

International Corporate Business Services (ICBS) is a proud subsidiary of The Corporate Group (TCG), an Emirati-owned business consultancy firm with over 17+ years specialized in assisting investors, entrepreneurs, and businesses in navigating the GCC market, particularly UAE and KSA.
We have a team of experts in our offices in Dubai, UAE, and Riyadh, KSA, providing a customized suite of business consultancy services tailored to our client’s needs. We ensure transparency and reliability in helping you establish and thrive in this dynamic GCC market.

Why Business Setup in Saudi Arabia?

The Saudi Vision 2030 fosters progressive regulation and reforms with a favorable business environment compared to many Western countries. As a leading economic force among GCC member states, KSA prioritized the ease of doing business by offering streamlined business incorporation procedures and other benefits such as:

  • 100% ownership for foreign investors
  • No income tax and low corporate tax
  • A youthful population and a growing market
  • A very competitive market
  • A streamlined company formation procedure
  • Many government incentives and a supportive business environment
  • Modern infrastructure with social-political stability
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Business Setup in Saudi Arabia

Choosing the Right Structure and Business License in Saudi Arabia

KSA offers several types of legal structures and business licenses for foreign investors and entrepreneurs who want to establish a company. Choosing the best fit for your company will define your business activity, ownership, liability, and tax structures.

Types of Business Strustures in KSA

  • Sole Proprietorship
  • Limited Liability Company (LLC)
  • General Partnership
  • Joint Stock Company (JSC)
  • Corporations
  • Technical and Scientific Offices
  • Representative Office
  • Joint Venture
  • Limited Partnership Company
  • Partnership Limited by Shares

Types of Business License in Saudi Arabia

  • Commercial License ( Trading License)
  • Professional-Service License
  • Agricultural License
  • Industrial License
  • Mining License
  • Real Estate License
  • Printing and Publishing License
  • Scientific and Technical Office License
  • Transport License

Our Corporate Services in KSA

Company Formation in KSA

Our dedicated team of experts is here to help you in every step of your journey to setup a company in Saudi Arabia in a hassle-free and transparent way.

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Business Bank Account Openning

Business Setup in Saudi Arabia is incomplete without a corporate bank account for all business transactions. We can assist you open a business bank account with a reputable in KSA for all your business financial transactions.

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Visa & GRO Services

Our team is well-informed and knows how to navigate all relevant authorities in KSA. Our Government Relation Officers (GROs) in Saudi are here to assist you in obtaining visas and other saudization requirements for your company and employees

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Accounting and VAT Services

We provide cost-effective outsourcing accounting and value-added tax (VAT) services for small and medium-sized companies, ensuring our clients stay compliant with all accounting and tax regulations in KSA.

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Photography and Videography Services

At International Corporate Business Services (ICBS), we offer a comprehensive suite of photography and videography services to help you create stunning visual content that gets results.

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Business Setup in Saudi Arabia

Steps to Set up a Company in Saudi Arabia

Business setup in Saudi Arabia is straightforward and requires careful planning to ensure it's done correctly. Our experts will assist you with all the legwork. Below are the steps to open your company in KSA.

  1. Determine your business structure.
  2. Determine your business activity and choose a suitable license type.
  3. Choose a meaningful and unique trade name for your business.
  4. Compile all required documents.
  5. Apply with the Ministry of Investment (MISA)
  6. Get initial Approvals
  7. Draft Articles of Association (AoA)
  8. Obtain Commercial Registration (CR)
  9. Register with the Saudi Chamber of Commerce (CoC)
  10. Obtain a Physical Office and register its address with the government (Wasel).
  11. Apply for Visas and register with the Ministry of Labor (MLSD)
  12. Register with the General Authority of Zakat and Tax (GAZT) for tax compliance and General Organisation of Social Insurance (GOSI)
  13. Open a corporate bank account in Saudi Arabia.
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Address

Office : Office #006, Floor 1, Alia Plaza Building,Ar Rabi, Riyadh, KSA

 

Tel: +966112277377

 

Email: ask@icbs.sa

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